综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

USEUROPEAFRICAASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Macro

Undue taxes suggest local fiscal pressure

Xinhua | Updated: 2013-08-19 10:24
JINAN -- Unwelcome taxes recently exposed all across China are symptomatic of the financial burden that local governments are forced to shoulder against the backdrop of a slowing economy and spiraling debt.

A recent audit from eastern coastal province of Shandong showed that 40 enterprises from 11 counties had been overcharged 573 million yuan ($92 millon) land utilization and value added taxes by the end of 2012.

Six other enterprises had been prematurely levied taxes worth 144 million yuan.

Companies in northern Hebei province and southern Guangdong complained that they had been levied taxes that they should not have paid or were supposed to be paid in the next fiscal year.

Statistics from the China Iron and Steel Association showed that 80 of its members were supposed to pay 89 billion yuan taxes in 2012, but actually paid 98.4 billion yuan.

A number of reasons lie behind these malpractices by tax authorities: Local government pursuit of higher revenues is a major cause, according to Liu Shangxi, deputy director of the Research Institute for Fiscal Science, at the Ministry of Finance.

"Many local governments have aggressively pursued fiscal revenues and demanded increments in tax income, so the tax authorities have done whatever they could (to levy taxes)," Liu said.

China's economy has shown signs of slowdown since last year, bringing ?local governments under pressure to reduce their expenses.

Figures released by the Ministry of Finance show China's tax revenue totalled 6.94 trillion yuan in the first seven months this year, up 8.5 percent year-on-year. However, the growth is 0.5 percentage point lower from the same period last year.

In such circumstances, local government debt has become a grave concern in China.

An audit conducted in 2011 by the National Audit Office (NAO) found that local government debt totaled 10.7 trillion yuan at the end of 2010, ?more than 26 percent of gross domestic product.

In early June this year, the NAO said a follow-up audit found total debt of 3.85 trillion yuan owned by 36 local governments by the end of 2012, up 12.9 percent from 2010.

Illegitimate taxes can temporarily increase fiscal revenues of local governments but, in the long term, they harm enterprises and inhibit the establishment of a healthy tax system.

Liu believes local governments should better manage their expenses rather than charge these taxes to deal with their fiscal burdens.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
垣曲县| 双峰县| 白玉县| 鹤山市| 梅河口市| 房山区| 高邮市| 涪陵区| 莱阳市| 乌拉特中旗| 沅陵县| 新民市| 武威市| 莱州市| 新竹县| 项城市| 赤水市| 缙云县| 自治县| 阿拉善左旗| 台东市| 方山县| 漳平市| 都兰县| 互助| 密云县| 涞源县| 绥滨县| 遂川县| 安义县| 昭苏县| 米脂县| 饶阳县| 文成县| 鄢陵县| 天津市| 吴川市| 天气| 南召县| 乐东| 宣恩县|